The fact that you moved from your primary residence three months after purchasing may seem a bit strange to your current lender, especially with you potentially having it classified as an investment property in the same calendar year.

There are several websites available today that will help you to calculate potential rents.

From then I knew real estate investing would be in my future.

The numbers definitely work if the rehab stays within $100K–$115K and the timeline is 6 months, but with a full gut reno, I want to be realistic about potential delays.

The game plan would be to keep this structure for 1-2 years with future full sale.

It's great but a little more expensive for the potential tenant. 

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

It’s a faster path to big returns if you crack it.Why Choose It: Economies of scale, higher income potential, and a single asset to focus on.

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

A young investor with just 1-2 properties, 3 years into their journey could potentially be a great partner for friends and family.